More than 1,500 units in HCA’s FirstBuy allocation

Thirty house builders have been allocated a total of £22m from the Homes & Communities Agency to offer a new government product to help first time buyers.

FirstBuy offers equity loan funding of up to 20% of the purchase price split equally between the HCA and the housebuilder, with purchasers being required to raise funding, a mortgage plus deposit, of at least 80% of the purchase price.

The new product is part of the government's HomeBuy range designed to help first time buyers into home ownership in a way they can afford. The HCA said it expects to assist nearly 10,500 purchasers nationwide to buy a new home over the next two years.

The first homes are expected to be available under the FirstBuy scheme from September.

FirstBuy allocations for North West

Allocations excluding fees

Developer Name

FirstBuy Sales

HCA input £

Bardsley Construction Group

20

273,636

BASE Hattersley

32

307,893

Barratt Homes

120

1,700,977

Bellway

54

830,545

Bloor Homes

15

228,955

Bovis Homes

47

615,031

Brighouse Investments

20

365,545

Compendium Regeneration

10

118,092

Countryside Properties Northern

41

465,170

Dorbcrest Homes

20

397,804

Gladedale Lincoln

5

60,190

Gleeson Developments

43

490,820

Harron Homes

13

142,452

Helena Partnerships

26

399,311

Hollinwood Homes

20

276,793

Infinity Albany

20

293,087

ISIS Waterside Regeneration

3

46,527

Keepmoat Homes

68

824,392

Lovell Partnerships

30

393,849

Morris Homes

118

1,880,071

Newfield Construction

18

313,826

PE Jones Contractors

25

381,652

PJ Livesey Holdings

20

259,133

Persimmon Homes

352

4,995,936

Redrow Homes

139

1,899,395

Rowland Homes

20

320,760

Seddon Homes

7

98,393

Taylor Wimpey

128

1,789,315

Miller Group

110

1,382,460

Urban Splash Group

8

144,875

Victoria Mills Development

20

255,000

Wainhomes North West

8

128,727

North West Total

1,580

22,080,613

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